I apologize if this question has been asked. I did a search but couldn't find anything easily.
I'm planning the purchase of a camcorder with a budget of $1000-1200 since my wife is expecting our first born in about 2 weeks. I currently have a Nikon 300D and just a 17-50mm f/2.8 Tamron, plus a few Canon lenses (I recently sold my Rebel XT but haven't unloaded them yet). I'm thinking I could sell the Nikon and lens for maybe $1600 and apply the camcorder money to the 5dMk2. I'd LOVE to have the full frame sensor and I'm not nuts about Nikon's lens offerings, but the real question is whether the camcorder functionality would serve adequately in lieu of a dedicated camcorder like a Canon HFS100 or Panasonic HDC-TM300 (my top 2 currently). Since I'm the type that would primarily reach for the camera before the camcorder, it would probably only see about 30% duty as camcorder.
My concerns are how the 5d stacks up in image stabilization, autofocus while shooting, and overall ease of use. I really love that you can get the really artistic shallow DOF with SLR lenses, so that's a bonus. Easy use is a must though, as my wife would need to take videos occasionally and she doesn't like messing with a million settings (though she's an electrical engineer - go figure). I imagine IS is pretty much going to come down to the lens, yes?
I understand rebates are on now so maybe its a good time?
Your thoughts would be greatly appreciated.